Investment & Financing

Shutterstock Announces Formation Of Shutterstock.AI And The Acquisition Of Three Leading Artificial Intelligence Platforms

2021-07-27 19:00 7466

Shutterstock.AI to offer computer vision and predictive performance solutions with the goal of enhancing creative performance NEW YORK, July 27, 2021 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and too...

Canadian Solar Raises US$100 Million from BTG Pactual and Itaú BBA to Support Execution of Brazil Project Portfolio

2021-07-27 19:00 12000

GUELPH, ON, July 27, 2021 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has closed aBRL 500 million (approximately US$100 million) financing facility with Brazilian banks BTG Pactual and Itaú BBA. ...

Shutterstock Announces Formation Of Shutterstock.AI And The Acquisition Of Three Leading Artificial Intelligence Platforms

2021-07-27 19:00 12019

Shutterstock.AI to offer computer vision and predictive performance solutions with the goal of enhancing creative performance NEW YORK, July 27, 2021 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and too...

New Mountain Capital to Acquire Flexan

2021-07-27 18:00 3756

NEW YORK, July 27, 2021 /PRNewswire/ -- An affiliate of New Mountain Capital, LLC ("New Mountain") announced that it has reached a definitive agreement to acquire Flexan, a leading medical device contract design and manufacturing organization that specializes in silicone, thermoplastic, and speci...

MicroPort® Cardiac Rhythm Management Business Announces US$150 Million Series C Investment

2021-07-27 15:42 13754

SHANGHAI, July 27, 2021 /PRNewswire/ -- MicroPort Scientific Corporation (" MicroPort®") announced that MicroPort Cardiac Rhythm Management Limited (" MicroPort® CRM"), which is MicroPort®'s subsidiary focused on developing and commercializing implantable pacemaker and defibrillator devices and rel...

OANDA strengthens leadership team; appoints Philip Holemans as CFO

2021-07-27 15:00 4353

LONDON, July 27, 2021 /PRNewswire/ -- A global leader in online multi-asset trading services, currency data and analytics, OANDA  is pleased to announce the appointment of financial services heavyweightPhilip Holemans as Chief Financial Officer. He will be responsible for optim...

Nium Raises US$200+ Million Series D and Becomes First Global B2B Payments Unicorn from Southeast Asia

2021-07-27 13:32 3767

SINGAPORE, July 27, 2021 /PRNewswire/ -- Nium , a leading global B2B payments platform, today announced it has raised a US$200+ million Series D round led by  Riverwood Capital – a U.S.-based high-growth ...

TOJOY and Hurun Launch Gazelle and Future Unicorn Enterprise Lists at Beijing Ceremony

2021-07-27 09:03 2018

BEIJING, July 26, 2021 /PRNewswire/ -- On July 22, the "2021 China Gazelle and Future Unicorn Selection Event" was held inBeijing. Chinese business accelerator TOJOY and financial research institute Hurun co-hosted the event, which was attended by academics, media outlets, and businesspeople from...

Beyond Ventures Becomes First Co-Investment Partner to Buyback Shares from Hong Kong's ITVF

2021-07-27 08:00 3360

HONG KONG, July 27, 2021 /PRNewswire/ -- Beyond Ventures , a Hong Kong based venture capital firm and a co-investment partner with the Innovation and Technology Venture Fund (ITVF), had a 58% internal rate of return (IRR) on its Fund I fromSeptember 2017 through ...

Bambuser Selected as Participant for 2021 Disney Accelerator Program

2021-07-27 03:48 2862

BURBANK, Calif., July 27, 2021 /PRNewswire/ -- Bambuser today announced that it is among the companies that will participate in the 2021 Disney Accelerator, a program designed to accelerate the growth of innovative companies from around the world. Bambuser is among eight companies chosen for the ...

CBAK Energy Announces Framework Agreement to Acquire Majority Stake in Zhejiang Meidu Hitrans

2021-07-26 21:00 9780

DALIAN, China, July 26, 2021 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider inChina, today announced that its wholly-owned subsidiary Dalian CBAK Power Battery Co., Ltd...

Hivestack Announces Global Partnership with The Trade Desk

2021-07-26 21:00 3710

The partnership will enable The Trade Desk advertisers to programmatically purchase digital out of home (DOOH) inventory on a global scale via Solimar through the Hivestack SSP MONTREAL, July 26, 2021 /PRNewswire/ -- Hivestack, the global ad tech leader in programmatic digital out of home (DOOH)...

Shell Invests in the Whale Development in the Gulf of Mexico

2021-07-26 20:00 2360

HOUSTON, July 26, 2021 /PRNewswire/ -- Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, today announces the final investment decision (FID) for Whale, a deep-water development in the U.S.Gulf of Mexico that features a 99% replicated hull and an 80% replication of the topsides from our ...

Ecobat Acquires Leading European Lithium-Ion Recycler

2021-07-26 20:00 4111

Acquisition expands Ecobat's position in Europe as the leader in recycling batteries of all chemistries Combined capabilities position Ecobat as the only service provider across Europe to offer the full suite of lithium-ion recycling services IRVING, Texas, July 26, 2021 /PRNewswire/ -- Ecobat, ...

Lucid Motors Debuts on Nasdaq Through Merger with Churchill Capital Corp IV

2021-07-26 19:00 5675

* Lucid Motors begins trading today as Lucid Group, Inc., under the new ticker symbol "LCID" after completing a merger with Churchill Capital Corp IV * The transaction brings in $4.4B, which the company plans to use to accelerate its growth and increase manufacturing capacity to capitalize on ...

CloudMile raised US$10 million to open up the AI and cloud market in Malaysia

2021-07-26 09:00 5864

SINGAPORE, July 26, 2021 /PRNewswire/ -- CloudMile, Asia's leading cloud and AI company, announced today that it has successfully raisedUS$10 million in Series B funding to open up the AI and cloud market inMalaysia. Since CloudMile's establishment in 2017, the company operates acrossAsia with it...

SI Group Signs Agreement To Sell Industrial Resins Business To ASK Chemicals

2021-07-24 01:13 6355

Agreement Includes Products, Technology, and Manufacturing Assets in Brazil, India & South Africa SCHENECTADY, N.Y., July 24, 2021 /PRNewswire/ -- SI Group, a leading performance additives company, announced today plans to complete an agreement to sell the majority of its global Industrial Resin...

Norgine B.V. and US WorldMeds enter into exclusive licensing agreement to commercialise DFMO (eflornithine) in Europe, Commonwealth of Independent States, Australia and New Zealand

2021-07-23 16:00 2419

AMSTERDAM, Netherlands and LOUISVILLE, Ky., July 23, 2021 /PRNewswire/ -- NORGINE B.V. (Norgine) a leading European specialist pharmaceutical company and US WorldMeds (USWM), aKentucky-based specialty pharmaceutical company, today announced an exclusive licensing agreement by which Norgine will r...

Magna to acquire Veoneer, positioning Magna's ADAS business as a global leader in a fast-growing industry

2021-07-23 09:33 13585

 - Veoneer's complementary products and capabilities strengthen and broaden Magna's ADAS portfolio and industry position - Transaction adds significant engineering and software expertise, including in sensor perception and drive policy software - Enhances Magna's ADAS systems capabilities and fe...

Stena RoRo has placed orders for the construction of new E-Flexer ships numbered 11 and 12

2021-07-22 20:24 2408

STOCKHOLM, July 22, 2021 /PRNewswire/ -- Stena RoRo has ordered two new ships from the Chinese shipyard CMI Jinling (Weihai). These are the 11th and 12th Stena E-Flexer vessels in the RoPax class developed byStena RoRo and delivery is slated for 2024 and 2025. At the same time, long-term charter ...

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